Rusal Stock Plummets on Chairman Resignation

CNBC reported stocks in Russia’s Rusal (HKG:0486)  fell on Wednesday after it was announced Chairman Viktor Vekselberg resigned.

As quoted in the market news:

Viktor Vekselberg’s resignation widens a rift with controlling shareholder Deripaska, who had sought to build a Russian metals and mining business on a global scale by merging RUSAL with Norilsk Nickel, the world’s top nickel and palladium miner.

Click here to read the full CNBC report.